Osaic Holdings Inc. Purchases 47,286 Shares of Anheuser-Busch InBev SA/NV $BUD

Osaic Holdings Inc. grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 86.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 101,912 shares of the consumer goods maker’s stock after purchasing an additional 47,286 shares during the period. Osaic Holdings Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $6,724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in BUD. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $28,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter worth $35,000. NewSquare Capital LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after acquiring an additional 452 shares during the period. Westside Investment Management Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 51.6% in the second quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock valued at $52,000 after acquiring an additional 258 shares in the last quarter. Finally, Rexford Capital Inc. bought a new position in Anheuser-Busch InBev SA/NV during the second quarter worth about $55,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on BUD shares. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. Kepler Capital Markets cut Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $64.51 on Monday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The stock has a market capitalization of $125.97 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The company’s 50 day simple moving average is $62.21 and its 200 day simple moving average is $63.47.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The firm had revenue of $15.13 billion during the quarter, compared to analysts’ expectations of $15.28 billion. During the same period in the prior year, the company earned $0.98 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. As a group, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th were paid a $0.1722 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a yield of 57.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 7.84%.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.